DJIA26203.68
LIVE241.24(0.93%)
NDX7733.22
LIVE68.75(0.90%)

Sterling Steady as Investors Await EU Brexit Summit


Thursday, 22 November 2018 16:33 WIB

poundSterling,Poundsterling


c_740_198_16777215_00_images_assets_CURRENCY3_1POUNDS.jpg

Sterling traded flat on Thursday after Prime Minister Theresa May failed to secure a blueprint for Britain's future ties with the European Union at a meeting with the head of the bloc's executive.

May will return to Brussels on Saturday to try and agree an outline for Britain’s withdrawal from the EU. All EU leaders are due to meet on Sunday to approve the deal.

Just over four months before Britain's departure from the EU, Brexit negotiations and political uncertainty in Britain remain the key drivers for the pound, and many analysts are cautious about its prospects.

The pound was up 0.1 percent to $1.2784 at 0900 GMT but down 0.1 percent against the euro to 89.19 pence

Growing opposition to May's draft arrangement has hit sterling hard in recent weeks, pulling it down nearly 3 percent from a Nov. 7 high of $1.3176.

Source : Reuters


RELATED NEWS

  • The AUD/USD pair remains modestly changed at 0.6765 after the Reserve Bank of Australia (RBA) released minutes of its August 07 meeting on early Tuesday. Although the Aussie central bank left its mon...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.